- Freehold Commercial Investment Producing £40,000 Per Annum
- Substantial Re-Development Potential at the End of the Term (Subject to Necessary Consents)
- Convenient and Central Location Close to Burgess Hill Town Centre and Train Station
Wragge Lawrence Graha & Co LLP, 4 More London Riverside, London, SE1 2AU Tel: 020 7759 6704 FAO: Myles Kiely
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RESTAURANT AND SERVICE AREAS: 22.7m x 18.3m (wall to wall)
STAFF ROOMS & WCs: 11.7m x 6.3m.
Currently let on a 20 year term from 18th January 2006 on a full repairing and insuring lease at a passing rent of £40,000 per annum. Rent reviews take place at every fifth anniversary with the next one scheduled for January 2016.
Freehold, subject to existing tenancy
Guide Price & Reserves
Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.